Federal Gasoline Taxes

Nobody wants to see their gasoline taxes go up, but the federal excise tax on gasoline has remained at 18.4 cents a gallon since 1993. Could it play a role in helping to get tax reform approved and should it be adjusted at least for inflation? Lucian Pugliaresi, Larry Goldstein, and Will Pack take us through a short analysis on the gasoline tax, its upside as a revenue raiser and potential instrument for regulatory reform in the transportation fuels sector and its downside as a regressive tax. The paper can be found here.

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Trump Administration Decides to Revisit Corporate Average Fuel Economy Standards
Lucian Pugliaresi and Max Pyziur penned an Op Ed in the The Hill outlining their views on why the Mid Term Evaluation (MTE)  on the efficacy of CAFE should get a full review.  Although many commentators have viewed the Trump Administration’s decision to proceed with a  full review of CAFE as a regulatory roll back, the decision merely restores the original agreement to give the program a full review in 2017 before giving the green light on the more stringent standards through 2025.  A link to their Op Ed in The Hill  can be found here and an EPRINC version of the Op Ed can be found here.

McQueen